As discussed in last analysis Bank Nifty bounced as we have discussed and closed just above the new demand zone of 16573, Holding the same we can see move towards 16578 and 16880. These are 2 levels we have gann resistance also as shown in 2 chart. Support is at 16286/16024. Bank Nifty opened gap… Read More »
Bank Nifty again went near the new demand zone quickly recovered all the looses, closed well above the new demand zone of 16286. Bulls can push prices towards 16573/16758, strong support exits near the gann green arc as shown in second chart, closing above the gann line @16580 can push prices all the way towards… Read More »
Last week we gave the Chopad level of 16980 Bank Nifty gave short entry and continued with the fall throughout the week achieved all 3 target on downside. Lets analyze how to trade Bank Nifty in coming week. Bank Nifty Hourly Bank Nifty finally broke the pyrapoint range and saw a big fall, range breakdown… Read More »
Last week we gave Chopad Levels of 7850 , Nifty opened below Chopad levels, made high of 7825 and short Intitated during first were rewarded with all three target done by Friday. Nifty made low of 7575 which was near 52 week low of 7539.Lets analyze how to trade market in coming week which will… Read More »
As discussed in previous analysis Bank Nifty broke support near gann arc and trendline as shown in below 2 charts, Bank Nifty closed below 16850 bank nifty moving towards 16587/16300. Low made today was 16260 near 16300. Breaking of todays low 16260 can see fast move towards green gann arc 16000. Trade as per your… Read More »
I generally do not discuss Politics on my site but Seeing the Mockery Congrees is creating in Parliament and obstructing country growth by not letting Parliament run Let me explain to my Readers all the Fuss about National Herald case in which Mrs Sonia Gandhi and Rahul Gandhi have been asked to be present in… Read More »
As discussed in previous analysis Bank Nifty broke support near gann arc and trendline as shown in below 2 charts, Bank Nifty closed below 16850 bank nifty moving towards 16587/16300. Low made today was 16626 near 16587, Once 16587 is broken we can move towards 16300. Close above 16850 is important for move towards 17170/17396.… Read More »
FII’s sold 3 K contract of Index Future worth 191 cores ,3.6 K Long contract were liquidated by FII’s and 0.05 K short contracts were liquidated by FII’s. Net Open Interest decreased by 4.1 K contract, so today’s fall in market was used by FII’s to exit long and exit shorts in Index futures. Are You… Read More »
Bank Nifty again took support near gann arc and trendline as shown in below 2 charts,16850 will play important support in next 4 days as breaking the same can see bank nifty moving towards 16587/16300. Holding move towards 17170/17396. How YOU react when market move against your trading positions ? Bank Nifty December Future… Read More »
Asian Paint Positional/Swing Traders can use the below mentioned levels Close above 843 target 870/898. Intraday Traders can use the below mentioned levels Buy above 841 Tgt 846,851 and 857 SL 837 Sell below 833 Tgt 829,824 and 817 SL 837 HDIL Positional/Swing Traders can use the below mentioned levels Close above 68 Short… Read More »